MTECHTIPS MCX NICKEL INTRADAY trading tips 14-08-2017

MTECHTIPS Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Nickel is now trading in overbought level. The Nickel is now trading in overbought level. The oscillator is showing SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 668-658-637-608-602-. Immediate resistance for Nickel is 706Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel is moving sideways so short term investor better to buy only above 703.0 with stop at 654.3 The Nickel is now trading in highly overbought level. The oscillator is showing SELL signal